Real Estate Investment Properties for Sale in Salem, VA

Looking for investment property in Salem, VA with high ROI ?

Explore a variety of short-term homes & houses in Salem, VA. Invest wisely with VRBO & Salem, VA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Salem, VA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
112 UPLAND DR Salem, VA A GREAT LAYOUT AND LOCATION FOR A FAMILY HOME. NEW LVP FLOORING, CARPET IN BEDROOMS, FIXTU...	4 beds \| 3 baths \| 2,338 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 5.33%
4273 Daugherty RD Salem, VA This beautiful one owner 3 bedroom, 2 full bath patio home is a must to see! Largest lot i...	3 beds \| 2 baths \| 2,044 sq.ft.	$464,500	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.08% Airbnb Rental Income: $2110 Traditional Rental Income: $2303 Airbnb ROI: 1.39% Traditional ROI: 3.08%
2517 Brandy Run DR Salem, VA Your Private Sanctuary Awaits - A One-of-a-kind Retreat in West Roanoke County. Welcome to...	3 beds \| 4 baths \| 4,316 sq.ft.	$749,950	Airbnb cash on cash: 0.11% Traditional cash on cash: 1.86% Airbnb Rental Income: $2110 Traditional Rental Income: $2797 Airbnb ROI: 0.11% Traditional ROI: 1.86%
826 Red LN Salem, VA This nostalgic home is ready for its new owners and all of their touches! The 1st floor sh...	3 beds \| 3 baths \| 2,232 sq.ft.	$385,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 5.03% Airbnb Rental Income: $2110 Traditional Rental Income: $2598 Airbnb ROI: 2.19% Traditional ROI: 5.03%
1923 Dutch Oven RD Salem, VA Country living located minutes from I-81, Hanging Rock walking trails and Hanging Rock Gol...	3 beds \| 1 baths \| 1,416 sq.ft.	$250,500	Airbnb cash on cash: 4.57% Traditional cash on cash: 4.78% Airbnb Rental Income: $2110 Traditional Rental Income: $1619 Airbnb ROI: 4.57% Traditional ROI: 4.78%
1113 Mountain Avenue Salem, VA Welcome to 1113 Mountain Avenue - a blend of modern updates and charming, timeless charact...	3 beds \| 2 baths \| 1,225 sq.ft.	$257,500	Airbnb cash on cash: 4.65% Traditional cash on cash: 5.84% Airbnb Rental Income: $2110 Traditional Rental Income: $1859 Airbnb ROI: 4.65% Traditional ROI: 5.84%
1703 Springfield AVE Salem, VA Discover the perfect blend of vintage character and modern comfort in this beautifully rei...	4 beds \| 2 baths \| 2,587 sq.ft.	$356,950	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $2443 Airbnb ROI: N/A Traditional ROI: 5.3%
708 Bradford CIR Salem, VA Welcome home to your beautiful ranch-style home with some of the best mountain views in Sa...	3 beds \| 2 baths \| 1,888 sq.ft.	$449,500	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.79% Airbnb Rental Income: $2110 Traditional Rental Income: $2107 Airbnb ROI: 1.52% Traditional ROI: 2.79%
2043 Mulberry ST Salem, VA Welcome to this charming 3-bedroom, 2-bath ranch-style home nestled in a quaint Salem neig...	3 beds \| 2 baths \| N/A	$289,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 4.88% Airbnb Rental Income: $2110 Traditional Rental Income: $1960 Airbnb ROI: 3.45% Traditional ROI: 4.88%
4901 Glenvar Hights Blvd. Boulevard Salem, VA Back On Market Due To No Fault Of Seller's. Welcome to the exceptional custom brick ranch...	5 beds \| 5 baths \| 4,952 sq.ft.	$494,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $4122 Airbnb ROI: N/A Traditional ROI: 6.88%
4377 West Main ST Salem, VA A Renovated Historical Estate. Possibilities for a great family estate home or venue or b...	4 beds \| 5 baths \| 5,931 sq.ft.	$1,149,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $4522 Airbnb ROI: N/A Traditional ROI: 2.69%
5550 New Pleasant Way Salem, VA This home completed with CO in hand. This home has 4 bedroom with Primary Bedroom on the m...	4 beds \| 3 baths \| 2,070 sq.ft.	$414,750	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $2549 Airbnb ROI: N/A Traditional ROI: 4.17%
4630 Deer Trail DR Salem, VA Welcome to this charming log-style home on 5.46 private acres in Salem with mountain views...	3 beds \| 4 baths \| 3,053 sq.ft.	$699,950	Airbnb cash on cash: 0.38% Traditional cash on cash: 2.33% Airbnb Rental Income: $2110 Traditional Rental Income: $2844 Airbnb ROI: 0.38% Traditional ROI: 2.33%
3310 Bennett Springs RD Salem, VA Completely renovated ranch home with a 2-car garage on 2 acres of cleared land and bordere...	3 beds \| 2 baths \| N/A	$299,950	Airbnb cash on cash: 3.63% Traditional cash on cash: 4.34% Airbnb Rental Income: $2110 Traditional Rental Income: $1771 Airbnb ROI: 3.63% Traditional ROI: 4.34%
5520 New Pleasant Drive Salem, VA The builder is pleased to offer this open concept floor plan is currently under constructi...	3 beds \| 3 baths \| 1,675 sq.ft.	$397,500	Airbnb cash on cash: 1.83% Traditional cash on cash: 3.31% Airbnb Rental Income: $2110 Traditional Rental Income: $2123 Airbnb ROI: 1.83% Traditional ROI: 3.31%
5506 New Pleasant Way Salem, VA New Subdivision in Roanoke County/Glenvar School district. 1 level living with Open Floor ...	3 beds \| 3 baths \| 1,675 sq.ft.	$397,500	Airbnb cash on cash: 1.8% Traditional cash on cash: 3.54% Airbnb Rental Income: $2110 Traditional Rental Income: $2218 Airbnb ROI: 1.8% Traditional ROI: 3.54%
402 7th ST Salem, VA Come see this beautifully restore 4 bedroom, 2 1/2 bath country farmhouse with wonderful m...	4 beds \| 3 baths \| 1,640 sq.ft.	$309,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.44% Airbnb Rental Income: $null Traditional Rental Income: $2383 Airbnb ROI: N/A Traditional ROI: 6.44%
4530 Lomond CIR Salem, VA Discover the perfect blend of comfort and convenience in this charming one-level home in T...	3 beds \| 2 baths \| 1,835 sq.ft.	$359,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 4.05% Airbnb Rental Income: $2110 Traditional Rental Income: $2090 Airbnb ROI: 2.51% Traditional ROI: 4.05%
23 Upland DR Salem, VA Well-maintained home featuring 3 bedrooms, 1 bath, and a spacious living area with hardwoo...	3 beds \| 1 baths \| 928 sq.ft.	$242,000	Airbnb cash on cash: 5.12% Traditional cash on cash: 4.62% Airbnb Rental Income: $2110 Traditional Rental Income: $1455 Airbnb ROI: 5.12% Traditional ROI: 4.62%
919 LOGAN ST Salem, VA HARDWOOD FLOORS REFINISHED 7/30/25 CAME OUT BEAUTIFUL. BEST OF SALEM AREA, LOCATION AND SC...	3 beds \| 2 baths \| 1,680 sq.ft.	$310,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 4.27% Airbnb Rental Income: $2110 Traditional Rental Income: $1885 Airbnb ROI: 3.19% Traditional ROI: 4.27%
3085 Creekside DR Salem, VA Custom built one-owner home w/privacy and tranquility. Hunter's paradise w/abundant wildli...	3 beds \| 2 baths \| 2,000 sq.ft.	$525,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 2.64% Airbnb Rental Income: $2110 Traditional Rental Income: $2216 Airbnb ROI: 1.33% Traditional ROI: 2.64%
310 TEXAS HOLLOW RD Salem, VA CLOSE IN COUNTRY SETTING. PLENTY OF MAIN LEVEL LIVING SPACE OFFERING A LARGE SOAKING TUB I...	3 beds \| 4 baths \| 2,916 sq.ft.	$269,900	Airbnb cash on cash: 3.55% Traditional cash on cash: 8.71% Airbnb Rental Income: $2110 Traditional Rental Income: $2883 Airbnb ROI: 3.55% Traditional ROI: 8.71%
4244 Bradshaw RD Salem, VA Nicely updated home situated on 1+ acres. Beautiful private level lot with numerous out b...	3 beds \| 1 baths \| 1,100 sq.ft.	$320,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 3.49% Airbnb Rental Income: $2110 Traditional Rental Income: $1583 Airbnb ROI: 3.45% Traditional ROI: 3.49%
5508 Old Grove Lane Salem, VA Newer Subdivision in Roanoke Co/Glenvar School district. Open Floor plan with laundry and...	3 beds \| 3 baths \| 2,080 sq.ft.	$424,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 3.28% Airbnb Rental Income: $2110 Traditional Rental Income: $2241 Airbnb ROI: 1.59% Traditional ROI: 3.28%
5594 Old Grove Lane Salem, VA This Subdivision is in Roanoke County/Glenvar School district. 1 level living with Open Fl...	3 beds \| 3 baths \| 1,675 sq.ft.	$397,500	Airbnb cash on cash: 1.84% Traditional cash on cash: 4.12% Airbnb Rental Income: $2110 Traditional Rental Income: $2422 Airbnb ROI: 1.84% Traditional ROI: 4.12%
5510 New Pleasant Way Salem, VA This home is in the process of completing the interior. This home has 4 bedroom with Prim...	4 beds \| 3 baths \| 2,070 sq.ft.	$414,750	Airbnb cash on cash: N/A Traditional cash on cash: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $2508 Airbnb ROI: N/A Traditional ROI: 4.09%
5591 Old Grove Lane Salem, VA Point Pleasant Subdivision in Roanoke Co offers this Oaklynn Floor plan for sale on a larg...	3 beds \| 3 baths \| 2,020 sq.ft.	$424,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.84% Airbnb Rental Income: $2110 Traditional Rental Income: $2482 Airbnb ROI: 1.55% Traditional ROI: 3.84%
5548 Old Grove Lane Salem, VA The Charleston Plan has been the most popular for the builder and this particular home has...	3 beds \| 3 baths \| 1,685 sq.ft.	$429,900	Airbnb cash on cash: 1.52% Traditional cash on cash: 3.21% Airbnb Rental Income: $2110 Traditional Rental Income: $2249 Airbnb ROI: 1.52% Traditional ROI: 3.21%
5595 New Pleasant Way Salem, VA Excellent opportunity - to have a lot of square footage for a great price! This home in t...	4 beds \| 4 baths \| 1,955 sq.ft.	$379,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.79% Airbnb Rental Income: $null Traditional Rental Income: $2618 Airbnb ROI: N/A Traditional ROI: 4.79%
220 N Broad ST Salem, VA The Repass-Critz House is back on market, just in time for the holidays! Located on beauti...	4 beds \| 3 baths \| 2,912 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.01% Airbnb Rental Income: $null Traditional Rental Income: $2796 Airbnb ROI: N/A Traditional ROI: 4.01%
5995 Twine Hollow RD Salem, VA If you're looking for a little space and privacy then you will not want to miss this oppor...	5 beds \| 3 baths \| 2,794 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.39% Airbnb Rental Income: $null Traditional Rental Income: $2744 Airbnb ROI: N/A Traditional ROI: 4.39%
2710 Harborwood Road Salem, VA Nestled in a tranquil setting, this 3-bedroom, 2-full bath home offers the perfect private...	3 beds \| 2 baths \| 1,728 sq.ft.	$354,900	Airbnb cash on cash: 2.48% Traditional cash on cash: 4.1% Airbnb Rental Income: $2110 Traditional Rental Income: $2108 Airbnb ROI: 2.48% Traditional ROI: 4.1%
1312 Parksdale Manor DR Salem, VA Welcome to this beautifully updated two bedroom one and a half bath townhouse in the heart...	2 beds \| 2 baths \| 1,074 sq.ft.	$240,000	Airbnb cash on cash: 6.03% Traditional cash on cash: 4.66% Airbnb Rental Income: $2367 Traditional Rental Income: $1473 Airbnb ROI: 6.03% Traditional ROI: 4.66%
5036 Buffalo CIR Salem, VA Single owner, 4 BR, 3.5 BA home in Cherokee Hills. Glenvar School District. Entry Level ...	4 beds \| 4 baths \| N/A	$474,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $2787 Airbnb ROI: N/A Traditional ROI: 4.08%
938 Roanoke BLVD Salem, VA Pro Photos Coming Soon. Stately renovated home on a flat double lot, stunning mountain vie...	4 beds \| 2 baths \| 1,872 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $2183 Airbnb ROI: N/A Traditional ROI: 3.71%
3065 Isabel LN Salem, VA Beautifully maintained 5 Bedroom, 3.1 bath home in great Salem/Roanoke County neighborhood...	5 beds \| 4 baths \| 2,653 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $2930 Airbnb ROI: N/A Traditional ROI: 4.5%
1744 High Gate LN Salem, VA SELLERS ARE MOTIVATED TO SELL!!!Located in the highly sought-after Russlen Farms community...	4 beds \| 4 baths \| 2,992 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.48% Airbnb Rental Income: $null Traditional Rental Income: $2818 Airbnb ROI: N/A Traditional ROI: 3.48%
416 Dalewood AVE Salem, VA Bring all offers!! $5k price improvementand sellers will pay up to $5k in purchaser's clos...	3 beds \| 1 baths \| 1,609 sq.ft.	$244,950	Airbnb cash on cash: 4.62% Traditional cash on cash: 4.77% Airbnb Rental Income: $2110 Traditional Rental Income: $1603 Airbnb ROI: 4.62% Traditional ROI: 4.77%
4927 Warrior DR Salem, VA This beautiful home features 9' ceilings on main level with hardwood flooring in the foyer...	4 beds \| 3 baths \| 2,022 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.04% Airbnb Rental Income: $null Traditional Rental Income: $2572 Airbnb ROI: N/A Traditional ROI: 4.04%
1912 Stone Mill DR Salem, VA Charming 4 Bedroom, 2.1 Bath home situated on in quiet Salem neighborhood with 2 car garag...	4 beds \| 3 baths \| 2,215 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $2647 Airbnb ROI: N/A Traditional ROI: 5.84%

Real Estate investment in Salem, VA

There are 54 properties for sale in the city of Salem . The median list price in Salem is $397,500 and the average price per square foot is $174. In September 2025, the average monthly cash on cash return in Salem is 4.00%. The average monthly rental income in Salem is $2,383.

Salem, VA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 54 investment properties available for sale in Salem.

In 2025, the best neighborhood to buy investment property is Salem.

The ROI for Long-Term is higher than the Short-Term in Salem with average rental income of $2,383.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, VA

112 UPLAND DR

Salem, VA

4 beds | 3 baths | 2,338 sq.ft.

$385,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2679

Airbnb ROI: N/A

Traditional ROI: 5.33%

4273 Daugherty RD

Salem, VA

3 beds | 2 baths | 2,044 sq.ft.

$464,500

Airbnb cash on cash: 1.39%

Traditional cash on cash: 3.08%

Airbnb Rental Income: $2110

Traditional Rental Income: $2303

Airbnb ROI: 1.39%

Traditional ROI: 3.08%

2517 Brandy Run DR

Salem, VA

3 beds | 4 baths | 4,316 sq.ft.

$749,950

Airbnb cash on cash: 0.11%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $2110

Traditional Rental Income: $2797

Airbnb ROI: 0.11%

Traditional ROI: 1.86%

826 Red LN

Salem, VA

3 beds | 3 baths | 2,232 sq.ft.

$385,000

Airbnb cash on cash: 2.19%

Traditional cash on cash: 5.03%

Airbnb Rental Income: $2110

Traditional Rental Income: $2598

Airbnb ROI: 2.19%

Traditional ROI: 5.03%

1923 Dutch Oven RD

Salem, VA

3 beds | 1 baths | 1,416 sq.ft.

$250,500

Airbnb cash on cash: 4.57%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $2110

Traditional Rental Income: $1619

Airbnb ROI: 4.57%

Traditional ROI: 4.78%

1113 Mountain Avenue

Salem, VA

3 beds | 2 baths | 1,225 sq.ft.

$257,500

Airbnb cash on cash: 4.65%

Traditional cash on cash: 5.84%

Airbnb Rental Income: $2110

Traditional Rental Income: $1859

Airbnb ROI: 4.65%

Traditional ROI: 5.84%

1703 Springfield AVE

Salem, VA

4 beds | 2 baths | 2,587 sq.ft.

$356,950

Airbnb cash on cash: N/A

Traditional cash on cash: 5.3%

Airbnb Rental Income: $null

Traditional Rental Income: $2443

Airbnb ROI: N/A

Traditional ROI: 5.3%

708 Bradford CIR

Salem, VA

3 beds | 2 baths | 1,888 sq.ft.

$449,500

Airbnb cash on cash: 1.52%

Traditional cash on cash: 2.79%

Airbnb Rental Income: $2110

Traditional Rental Income: $2107

Airbnb ROI: 1.52%